what is rcm under section 9{(4) of gst.rcm suspended till 30.06.18 for which services

RCM 550 views 4 replies
rcm suspended till 30.06.18 for which services
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As per Section 9(4) of CGST act 2017 any Supply of goods or service from an Unregistered supplier to a Registered supplier will cast liablity to Pay GST by Registered dealer in the form of RCM

The Government has decided to exempt supplies worth Rs 5000/- per day from any Unregistered dealer which means Supplies above 5000 would require Registered Person to comply with the provisions.

Only on inward supply from unregistered person u/s 9(3)....
what is in case of payment of consultancy. fees to foreign company
https://www.indiafilings.com/learn/gst-applicable-imported-services/


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